A snapshot of the iPad 2 economy
Two weeks after the iPad 2 went on sale, the competition to buy it remains brutal. Online orders face a wait time of three to four weeks (down from four to five weeks just a few days ago), and Apple Stores around the country are experiencing epic lines for the few devices that are released each morning.
At the Galleria yesterday, 22 people were in line by 4:35 a.m., and 21 of them shared something in common: They were there to buy and then resell the devices overseas, where they said the tablet computers can fetch more than triple their retail price.
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